by SITM | Nov 21, 2023 | General Newsletter, Gus Hingeley, No_index
The Last Fifty Percent? 45 Years in Wall Street, Chapter 4, ‘Percentage of High and Low Prices’. Part of this lesson is how to calculate the percentages of high and low prices and how important they are to watch as they act as support and resistance. “One of the...
by SITM | Nov 14, 2023 | Gus Hingeley, No_index, Platinum
Not Just Squares Looking at the major US indices against the SPI200, weekly swing lows have been made in the late part of October. The Dow, Nasdaq and S&P500 have now taken out their last weekly swing highs, whereas the SPI200 has only managed a slightly...
by SITM | Oct 24, 2023 | General Newsletter, Gus Hingeley, No_index
A Swing Trade This month continues with the British Pound analysis, FXBPUS in ProfitSource, to rate a daily swing trade back in March 2023. Note it’s not just daily swing chart analysis but also takes into account the bigger picture position of the weekly and...
by SITM | Oct 17, 2023 | Gus Hingeley, No_index, Platinum
Which Time by Degrees? In last month’s Platinum Newsletter, I listed a few Time by Degrees dates to watch going forward. A recap of those dates is: 22-25 September 29 September 2-4 October (8-10 degrees) We’ve seen the market turn on the 8 to 10 degree point at...
by SITM | Sep 26, 2023 | General Newsletter, Gus Hingeley, No_index
Pound for Pound On page 22 of the Number One Trading Plan, under the heading ‘Trading the Big Moves’, David says: “The biggest moves are produced from a constant, orderly chart pattern. So a big move must be a clean move…… That might be one of our first market...
by SITM | Sep 19, 2023 | Gus Hingeley, No_index, Platinum
Another Golden Opportunity A quick recap on last month’s article, I had two price clusters I was watching on the SPI200 and I was keeping an eye out for a second contracting daily swing down into a higher bottom. See Chart 1 below. Chart 1 – August Trade Stalk I...
